The operating budget
operating budget will give you an overview of the operating costs of your business. The operating budget for you to know about the daily expenses of the company. It also helps you to estimate revenue. When all costs for the year have been together and have been deducted from income, you will have a profit and loss sheet. Profit of the company was "paid" your. Profit is the amount you can take out of the company to be used for personal purposes.
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